From the category archives:

Life Planning

Failure: The Pathway to Success

February 14, 2011

“Failure and success are polar opposites”. Right?  Isn’t this how most of us think?  Failures, we reason, are painted black while successes are painted white.  They are two diverse paths; paths that will not and cannot intersect.  But we are wrong. Success, I believe, never happens without passing through the path of failure.  Consider:

Read the full article →

Trade the Drudgery of New Year’s Resolutions for the Excitement of Pursuing Your Dreams

January 3, 2011

What are your New Year’s Resolutions this year? A better question is this one: what were they last year? Do you even remember? I realize that many of you are great at making the new year a time to set goals, chart your course, develop a plan and change your life. Good for you. Keep [...]

Read the full article →

Use Life Experiences as Motivation for Saving Money

December 22, 2010

Science has shown that, contrary to what most people believe, life experiences — not stuff (new clothes, electronic gadgets or cars) — make us happy.  Not sure?  Give this experiment a try: first, attempt to recall the number of times you’ve gone shopping for new clothes and electronics in the last 10 years. Then, try [...]

Read the full article →

Should Financial Incentives be Linked to Goals?

December 20, 2010

Today, I am proud to introduce my new (and only) staff writer: Tim Fraticelli.  I am sure that  you will appreciate, as I do, how Tim addresses today’s financial issues with clarity and insight, always from a Christian perspective.   Welcome aboard, Tim! Recently I finished Drive by Daniel Pink, a book that attempts to reveal [...]

Read the full article →

How Do You Define Wealth? Hope for the Little Guy.

November 1, 2010

  Which of these two families would you consider to be wealthy?  1. Mr. and Mrs. Charles Bobbins. Charles is a forty one year old fireman. He and his wife, a secretary, have a combined annual income of $55,000 and a net worth of $460,000. Their low consumption lifestyle would enable them to sustain themselves [...]

Read the full article →

Financial Lessons From Yesteryear’s Entrepreneurs: JC Penney

October 11, 2010

This post is the first of series I plan to write on the financial principles that made yesteryear’s entrepreneurs so successful. Hopefully, we can incorporate these lessons into our lives today and emulate their successes.   Our first entrepreneur is James Cash “JC” Penney.

Read the full article →

Financial Tips for Life After Divorce

September 22, 2010

I have heard it said that divorce turns marriage into a financial transaction. Any of you who have been divorced will vouch for the truth in those words. On a personal note, my parents were divorced when I was quite young and my family has seen divorce up close several times. We know that making [...]

Read the full article →

Four Ways a Part Time Job Will Change Your Life Forever

September 20, 2010

If you associate “part time job” with drudgery, exhaustion and meaningless toil, this article is not for you. The right part time job, however, done with purpose and parameters, can be a life changing experience. Read on for four ways a part time job can change your life forever.

Read the full article →

You CAN Afford That Baby – Ten Money Saving Tips

August 9, 2010

You have read those cost projections for raising children. MSN, back in 2001 projected a cost of $249,180 (over $350,000 in 2010 dollars) for a family with a $65,800 or greater income. The Baby Center web site tells us the cost of raising a child from baby to adulthood is $266,698. The Wall Street Journal [...]

Read the full article →

This Family Paid Cash For Their Car; You Can Too!

July 21, 2010

My friends John and Lisa recently shared some exciting news with me: for the very first time in their lives they paid cash for a car – a sweet 2 year old Toyota Prius with only 29,000 miles on it. They saved up the $17,000 purchase price (new price was $31,000), did some shopping and [...]

Read the full article →

Premarital Financial Quiz: Are You Ready to Tie the Knot?

July 19, 2010

You are probably not surprised to read that the divorce rate in the United States has been 50% for the past  25 years.  However, you might not realize that premarital counseling reduces that number by 30%.  And since money issues are one of the top reasons for divorce, every couple considering marriage should get some [...]

Read the full article →

How to Get Personal Finance Taught in a Public High School

June 30, 2010

In contemplating whether to write this post, I weighed the negative aspect of “tooting my own horn” with the positive aspect of helping get more high schoolers some solid financial training. One compelling factor in my decision is that Austin Morgan at Foreigner’s Finances had already shared this info in our recent podcast interview. Soooo…the [...]

Read the full article →